The problem arises in the fact that if they can freeze these funds, they can freeze yours. Tether already admitted they work with law enforcement and governments. This means it will be open to other political pressures.
That's centralization at its best, having over a million dollar is what they call a crime and that's what decentralization definitely stands against.
As we can see, this is a hijacking of the entire concept of cryptocurrency.
No doubt about that, even the sight of then working with law enforcement and government agencies means they can't be decentralized in any way, while crypto is meant to be decentralized.
If they do reside on a blockchain, there is little action to take.
To my own own knowledge I believe that's the best way to go and without them knowing the whole information about this we can always be one step ahead of them.
HBD is really going to be big deal in the future of stable coin and the 12% savings payout makes it all exciting to watch.
We are making history right here on hive and they(regulators) are too blind to see what's going on, by the time they do, there won't be anything to do by then.
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I agree the 12% is nice, but considering the returns in crypto I think I agree that it should be raised to 20%. That's solid number to be able to advertise as a solid return.
Things are still in early days and trying to keep HBD stable is the top priority ATM.
The percentage earlier was at 10% so getting to 20% in the future is possible or not but whichever ways its always going to be one of the best returns here on hive. You don't have to do anything, its very much preferable compared to keeping your money in the bank.
You have to crawl before you walk then you can run after, I'm positive things might go in that direction later but for now sustainability should be at its core.
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Fair